Unexplained Wealth Legislation Amendment Act 2018 (126 of 2018)

Schedule 7   Review of the national cooperative scheme on unexplained wealth

Proceeds of Crime Act 2002

1   After section 327

Insert:

327A Review

(1) The Minister must cause an independent review to be undertaken of:

(a) the *national unexplained wealth provisions; and

(b) any other matter that the *NCSUW agreement specifies is to be reviewed under this section.

(2) The review must be undertaken as soon as practicable after the fourth anniversary of the commencement of the Unexplained Wealth Legislation Amendment Act 2018.

(3) Before the review is undertaken, the Minister must consult the appropriate Ministers of the *participating States, *cooperating States and *self-governing Territories about the terms of the review and the appointment of the persons who are to undertake the review.

(4) The persons who undertake the review must:

(a) consult the appropriate Ministers of the *participating States, *cooperating States and *self-governing Territories for the purposes of undertaking the review; and

(b) give a written report of the review to the Minister and the Ministers referred to in paragraph (a).

(5) The Minister must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of that House after its receipt by the Minister.